In the end, those new highways will be just as congested as the current ones. This option appears to fill the benefits of both the stadium and the education options, at least in the short run. The long-run benefits of more highways are questionable, whereas the long-run benefits of better education are not. The no new taxes option argues that by keeping taxes low. There are some perceived benefits of this -- for example lower taxes attracting business and investment. It is questionable the degree to which a temporary half-cent sales tax increase would hurt business investment, however. In addition, the opportunity costs of two major long-term infrastructure projects in education and transportation should be considered. Economic growth throughout the world has been predicated on the provision of infrastructure such as improved transportation...
It is not reasonable to assume that future investments need not be made. An inadequate highway system and uneducated workforce could undermine the benefits of any tax cut.Our semester plans gives you unlimited, unrestricted access to our entire library of resources —writing tools, guides, example essays, tutorials, class notes, and more.
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